Four straight decades of precise and transparent financial reporting in Flossmoor have not gone unnoticed, and they have saved residents thousands in tax dollars, officials say. The Government Finance Officers Association (GFOA) has awarded the village a certificate of achievement for excellence in financial reporting for its fiscal year 2017 comprehensive annual financial report (CAFR). Flossmoor has now received the award 40 years in a row. The GFOA is a North American organization of public finance officials whose mission is to “advance excellence in state and local government financial management,” according to its website. Flossmoor Finance . . .
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